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You got an opportunity of having an annuity that promises to give you $10,000 per year. This will continue for the next 10 years with

You got an opportunity of having an annuity that promises to give you $10,000 per year. This will continue for the next 10 years with the immediate first payment. You are being offered $60,000 for this annuity.

What rate you can expect by opting for this offer?

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